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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> secretary of state hillary clinton remains hospitalized this evening at new york presbyterian hospital. state department spokesperson phillip ray na said that doctors found that clot sunday during a follow-up exam. secretary clinton had fainted and fallen earlier this month as a result of severe dehydration from a stomach flu. she is being treated with anti-co-ing a lantz to resolve the clot which was found in her head. with us to discuss the case, nbc news chief science and health correspondent bob bazell. good to see you, bob. when we talked last night, what you said was we were missing a c
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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all people do think it's about spain's crippling unemployment figures especially amongst the young about the cost of the stakes the study says and then you really get a sense of just how angry and how desperate. they really get the full in the book that's doing to the country and to us it's not in the middle of one of these big protest movements when the clashes break out. well twenty thirteen will see yet more talks to try to get a breakthrough between israel and the palestinians but rocket exchanges and israel's expanding its notorious settlement program have only put more obstacles to making peace a reality there a middle east correspondent. paula hi there good to see you tonight with there's no both sides of course talk about talks with enough of. the times if i had a pony or a rubles for. the last year where is it heading well yes given it does seem as if we have this constant repeat of the same conversation i mean if you look at what's happening on the ground israel continues to announce settlement construction and the palestinians continue to say that for as long as these announce
all people do think it's about spain's crippling unemployment figures especially amongst the young about the cost of the stakes the study says and then you really get a sense of just how angry and how desperate. they really get the full in the book that's doing to the country and to us it's not in the middle of one of these big protest movements when the clashes break out. well twenty thirteen will see yet more talks to try to get a breakthrough between israel and the palestinians but rocket...
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announcer ] how can power consumption in china, impa wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. shibani: breaking news, live pictures from the white house as we wait for president obama to speak in about 15 minutes from now as lawmakers struggle to hammer out a deal on the fiscal cliff. peter barnes believes the president will announce a deal. we will bring you his comments live. it is an early close on the trading day. sandra smith is in the pits where traders are watching every development in washington. she joins us now with today's trade and how commodities are faring. sandra: we just had financial commodities close for the day. the treasury pits just closed minutes ago. it was an interes
announcer ] how can power consumption in china, impa wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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wasn't based [indiscernible] $750 billion came through and it was more aggressively priced than italy, spain, and portugal. that is where you create economic prosperity. the agencies are doing fantastic stuff but it will not create what we need on that continent. the marginal interventions are not going to create economic growth. we know how to create jobs, so instead of having large subsidy programs, start there. get rid of those programs and we can talk about economic growth. >> you can understand why they are the most prominent voices in the business. >> a look at social media and on line speech. this is half an hour. >> we are going to shift gears a bit. i took my tie off the war earlier this morning. first, there is wifi here. you should log on to the nyu guest account. user name is guest131. password is right there for you. we will talk about the use of social media. it has been on everyone's lips the last couple of years. we have wonderful guests that are known for their engagement with their audience. i predict we are going to hear a little bit of criticism and push back on some of t
wasn't based [indiscernible] $750 billion came through and it was more aggressively priced than italy, spain, and portugal. that is where you create economic prosperity. the agencies are doing fantastic stuff but it will not create what we need on that continent. the marginal interventions are not going to create economic growth. we know how to create jobs, so instead of having large subsidy programs, start there. get rid of those programs and we can talk about economic growth. >> you can...
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coming from italy and spain. are you concerned at all that it will dig into your maagins? >> i am not. has been around for a long time. % go, you know, it is a lower effervescent sparkling, and it's from italy. i just don't think it's tapping into our market all. i say that because we are up to tremendous this year. cheryl: well said. breaking news coming out of washington. great to have you on the show. happy new year. i want to bring in diane, as we do every 15 minutes. we are getting some news coming out of washington. the dow jones jumping right now. up 70 points right now. >> reporter: that's right. session highs. the dow up 73, nasdaq about 35, the s&p up almost 12 points after seeing it fairly flat, searching for direction all morning. keep in mind, five straight losing sessions for the dow, trying to stave off that losing streak here on hopes of of this bill cliff still coming through, also taking a look at pfizer and bristol-myers today, the fda approving a cholesterol fighting drug from both companies. those are both up. bristol-myers up one and a half%. pfizer u
coming from italy and spain. are you concerned at all that it will dig into your maagins? >> i am not. has been around for a long time. % go, you know, it is a lower effervescent sparkling, and it's from italy. i just don't think it's tapping into our market all. i say that because we are up to tremendous this year. cheryl: well said. breaking news coming out of washington. great to have you on the show. happy new year. i want to bring in diane, as we do every 15 minutes. we are getting...
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some of the most amazing sparkling wines and values come from spain and it's only $9. it's made like a champagne but doesn't cost lime one. >> how much is that? >> it's $12. it's absolutely a party in a bottle. >> if you go to italy, whether you're in rome or venice you'll see literally everybody on new year's eve walking around with it. this is a very good one. >> and then a sparkling wine from australia. >> it's unusual. >> yeah. i've never heard of that. >> people think of australia gives us chardonnay and others. this is jacob's creek. ice made exactly like a champagne, chardonnay and pino pino noir two of the grapes that go in champagne. but it's really remarkable. >> this is champagne? >> it's right next door to champagne. in france when they make wine in a sparkling wine type style, you can get this from burgundy. this one is made from pinot noir and chardonnay. it's aged like a champagne but doesn't cost like a champagne. this is only $17 an hour. this is my personal favorite. this is very famous. they're famous for cristol. this is their california version. im
some of the most amazing sparkling wines and values come from spain and it's only $9. it's made like a champagne but doesn't cost lime one. >> how much is that? >> it's $12. it's absolutely a party in a bottle. >> if you go to italy, whether you're in rome or venice you'll see literally everybody on new year's eve walking around with it. this is a very good one. >> and then a sparkling wine from australia. >> it's unusual. >> yeah. i've never heard of that....
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power consum, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipperverage. t. ro price. invest with confidence. request a prospectus or summary prospectus with investmeninformation, risks, fees and expenses to read and consider carefully before investing. stuart: all right everybody. let's talk california. it's been another banner year for the formerly golden state. voters approving carbon taxes on business. higher taxes on themselves. and the state overwhelmingly voted for the president in the election. more than 60% of the state voting in favor of president obama for his reelection. let's bring in our next guest. he is chairman of the republican party in california. i'm not being sarcastic but i didn't think the republicans existed in california any longer. you are their chairman, is that correct? >> it is. it was a rough year. stuart: what does 2013 hold in store for califo
power consum, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipperverage. t. ro price. invest with confidence. request a prospectus or summary prospectus with investmeninformation, risks, fees and expenses to read and consider carefully before investing. stuart: all right everybody....
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festivals and clubs and churches and also performed in south africa, london and my music played in spain and italy. it's been a great journey. >> what do you have coming up next? in addition to the album release, where are you performing next? >> i plan to do a lot of traveling nationally. i haven't been to the west coast to promote this album. that's my next stop. >> a lot of people when they start singing they get to a point where they don't pat on themselves but find someone they like. do you have someone like that that inspired you vocally? >> i have many inspirations. stevie wonder, michael jackson. anita baker and nancy wilson. i have many influences. >> before we let you sing, anything else you want to say about your album? >> i'm looking forward to performing tonight new year's eve. i'm excited to bring joy to people for 2013. >> all right. cool. tell us the name of the song you are about to sing. >> the name of the song is euphoria. >> the name of the cd is? >> songs for janie. >> all right. go ahead. take it away. >> all right. >> ♪ ♪ imagine wherever you go there's not the
festivals and clubs and churches and also performed in south africa, london and my music played in spain and italy. it's been a great journey. >> what do you have coming up next? in addition to the album release, where are you performing next? >> i plan to do a lot of traveling nationally. i haven't been to the west coast to promote this album. that's my next stop. >> a lot of people when they start singing they get to a point where they don't pat on themselves but find...
WHUT (Howard University Television)
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audience to take a page from jose marti, the revolutionary poet and hero of cuba's independence from spain -- >> you need to cultivate the marti mind. the marti mind is simply that, as much love as i have for my own group, i have for every other group. to take possessive investment in each others' struggles. where whatever's happening to the gay community, is happening to us. whatever's happening in the asian community, that's us. instead of possessive commodified investment in our identities, we need to take possessive investment in our other communities' struggles. >> the life and work of junot diaz contain many worlds, and that makes him all the more worth listening to. his imagination travels between the old and the new, between the america that was and the america we're becoming. straddling different cultures, yet american to the core -- he seems to be looking in every direction at once -- a spotter of the future, a curator of the past, a man very much of the here and now. in his first book, "drown" and in "the brief wondrous life of oscar wao" -- the novel that won him the pulitzer p
audience to take a page from jose marti, the revolutionary poet and hero of cuba's independence from spain -- >> you need to cultivate the marti mind. the marti mind is simply that, as much love as i have for my own group, i have for every other group. to take possessive investment in each others' struggles. where whatever's happening to the gay community, is happening to us. whatever's happening in the asian community, that's us. instead of possessive commodified investment in our...
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markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if this thing sud
markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in...
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cac and what's going on in spain, also up marginally. we haven't seen the kind of movement that some people had been talking about on this last day before the fiscal cliff would be reached. >> back to washington now, joe kernen and john harwood are joined by a very special guest. >> thanks, we'll get right to that, andrew. if you were in australia right now and you were a multimillionaire and got kicked in the head by a kangaroo and died, would you owe 55% on -- >> only if you were a u.s. resident? >> right. >> so if you're a u.s. resident and it happened right now you'd owe 55%. >> for anything over a million. >> are you over the cliff in australia right now? >> working at the u.s. embassy i presume. that's a good point. >> i wouldn't go anywhere near the kangaroo. >> u.s. time, baby. >> u.s. time zone counts. >> you sure? >> yep, 2013 in australia, john. >> doesn't matter. >> that's a foreign country, baby. >> i'm a thinking. >> in the embassy you would be under u.s. law, right? >> that's u.s. ground. >> u.s. time? >> the embassy -- >>
cac and what's going on in spain, also up marginally. we haven't seen the kind of movement that some people had been talking about on this last day before the fiscal cliff would be reached. >> back to washington now, joe kernen and john harwood are joined by a very special guest. >> thanks, we'll get right to that, andrew. if you were in australia right now and you were a multimillionaire and got kicked in the head by a kangaroo and died, would you owe 55% on -- >> only if you...
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to get the markup that they could have gotten if they could sell it directly to france, holland or spain or wherever. they did not like the job they were sent back in the trade. they felt put upon. you cannot have a currency in the colonies. you basically have to cobble together from various sources. you had to get gold or silver from the spanish caribbean or somewhere else. you had to issue certain types of notes the colonies were allowed to issue. basically, your whole currency was not really there. so business was hard to conduct. the virginians felt put upon economically, very much. there were anxious to expand to the west with settlements. the king was trying to stop anybody from going over the appalachian mountains. so they had a different set of concerns that new england said. >> what would be the reaction on the part of people that lived back then to what we see now of the british monarchs and the family? >> it turns out that it's not as if we have a minority here, but you have so much interest in the british royal family that it's hard to believe the revolution was designed to g
to get the markup that they could have gotten if they could sell it directly to france, holland or spain or wherever. they did not like the job they were sent back in the trade. they felt put upon. you cannot have a currency in the colonies. you basically have to cobble together from various sources. you had to get gold or silver from the spanish caribbean or somewhere else. you had to issue certain types of notes the colonies were allowed to issue. basically, your whole currency was not really...
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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >> clayton: can yeah west lets the cat out of the bag. can we make noise for my baby mom a. >> clayton: his girlfriend kim kardashian is p
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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among those closed include spain and germany. we're start with asia. shanghai composite is the outperformer. you saw up 1.6% there. here is a list of the markets closed across europe. germany, switzerland, germany and austria. for the bourses that are open, we can take a look at performance this morning and then we'll take a look over at the bond wall. the ftse 100 is down about .4%. ibex down .5%. not a clear picture. definitely mixed trade as people look to close out the year. the bond wall gives the sense for what kind of wall dominates. we're seeing bond yields move higher. investors are exiting the asset class today. italy around the 4.5% level. we've seen these predominant for several weeks and likely a quick check on forrus. the yen, an important one to keep an eye on, as well. dollar/yen firmer, continuing the patterns that we've seen over the last couple of trading sessions. for more on what to expect from markets today, we're joined by chris meyer, managing director and chief strategist from loop capital markets. chris, good morning. we wake
among those closed include spain and germany. we're start with asia. shanghai composite is the outperformer. you saw up 1.6% there. here is a list of the markets closed across europe. germany, switzerland, germany and austria. for the bourses that are open, we can take a look at performance this morning and then we'll take a look over at the bond wall. the ftse 100 is down about .4%. ibex down .5%. not a clear picture. definitely mixed trade as people look to close out the year. the bond wall...
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they could not sell directly to france or hollander spain. there were -- they did not like the junk there were sent back in trade. you could not have a currency in the colonies. you basically had to cobbling together from various sources. you had to get the gold or silver from the spanish caribbean or somewhere else. you had to issue certain types of notes that colonies were allowed to issue. but basically your whole currency was not really there. so businesses was hard to conduct. they were anxious to expand to the west with settlements. the king was trying to stop anybody from going over the appalachians. so they had a different set of concerns of than new england. >> what do you think would be the reaction on part of the people who lived back then to what we see now of the british monarch and the family? >> it turns out, of course, it is not as if we have a monarchy here, but you have so much interest in the royal family, it is kind of hard to believe that the revolution was designed to get rid of the king and the royal family. because the
they could not sell directly to france or hollander spain. there were -- they did not like the junk there were sent back in trade. you could not have a currency in the colonies. you basically had to cobbling together from various sources. you had to get the gold or silver from the spanish caribbean or somewhere else. you had to issue certain types of notes that colonies were allowed to issue. but basically your whole currency was not really there. so businesses was hard to conduct. they were...
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he's never been in spain. he's coming here to be a tourist for one day and tomorrow is going to amsterdam, where he is going to keynote an international baptist convention or congress or whatever of some sort. i said well okay. the ambassador gives me his plate number. so i call the airport in this flight had already landed. i'm supposed to be looking after him. i don't have the foggiest notion where he could eat. there's 500 hotels in madrid and i don't even know she's staying in a hotel. even if i call 500 for most people help me, i don't even know. he might be staying with friends or something. i have no idea. i'm really scared because i screwed the thing up already, even though it wasn't my fault. by the time the ambassador called me, the plane had landed. so, i started to call hotels and i don't know why i didn't call this particular hotel first. it is a hotel closest to the embassy. the embassy on trends unfair on us treat and behind it is the main drag in madrid and on the other side is that helped him.
he's never been in spain. he's coming here to be a tourist for one day and tomorrow is going to amsterdam, where he is going to keynote an international baptist convention or congress or whatever of some sort. i said well okay. the ambassador gives me his plate number. so i call the airport in this flight had already landed. i'm supposed to be looking after him. i don't have the foggiest notion where he could eat. there's 500 hotels in madrid and i don't even know she's staying in a hotel. even...
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tell you, when you look the at how much money we're spending compared to our gdp, we're similar to spain, we're similar to greece, it's not a pretty scenario. >> harris: well, tell me this: what actually happens when we nudge up against it? >> well, everybody starts wondering when they're going to rise the debt ceiling, there's big pressure on republicans in congress to approve that. it's a big debate with them because they don't like to and then you have all of wall street looking at this, wondering whether we're going to be able to pay our bills and remember what happened last time around, the markets sold off 2000 points over a two month period. it was very dramatic. and really hurt people's 401(k)'s. >> harris: well, if you can't pay your bills you get a downgrade and we've seen that we could get our credit downgraded. >> again, again, that's the not good news. because you know what happens when you have a low credit rating, you can't borrow as much money. >> harris: that's what happens-- it costs you more to borrow and that's the trouble with that and all this have coming together,
tell you, when you look the at how much money we're spending compared to our gdp, we're similar to spain, we're similar to greece, it's not a pretty scenario. >> harris: well, tell me this: what actually happens when we nudge up against it? >> well, everybody starts wondering when they're going to rise the debt ceiling, there's big pressure on republicans in congress to approve that. it's a big debate with them because they don't like to and then you have all of wall street looking...
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in portugal, spain, italy, there isening political dysfunction. that is going to encourage russia to make moves of its own. you mention south africa, south africa is not going in 'n a good direction. it was supposed to be the most optimistic spot. maybe new zealand but somebody told me they are heading south. >> paul: coming down to obamacare. big changes may be coming for 2013 for you and your family thanks to the president's healthcare overhaul. we'll tell you what to expect when we come back. ly? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] no
in portugal, spain, italy, there isening political dysfunction. that is going to encourage russia to make moves of its own. you mention south africa, south africa is not going in 'n a good direction. it was supposed to be the most optimistic spot. maybe new zealand but somebody told me they are heading south. >> paul: coming down to obamacare. big changes may be coming for 2013 for you and your family thanks to the president's healthcare overhaul. we'll tell you what to expect when we...
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say this to the current congress, the current people in washington, the current news media, we're not spain, we're not greece, we're not totally messed up like europe. this is a country where if we could just get government to quit screwing up, we would do fine over the next 20 years. [applause] but imagine the consultant report if they came out and said, you know, general washington, we've evaluated the situation, and you have one axe and 14,000 people. we think this is bad. [laughter] we think you should be deeply depressed and consider quitting. [laughter] a congress that isn't doing well enough to be worthy of at least a couple hundred axes doesn't deserve your loyalty. why don't you go home. now, these people wanted to be free, and they were prepared to die. when they cross the delaware on christmas night in a desperate last effort before the army ceases to exist, their slogan, their password is victory of death. victory or death. and they meant it. it wasn't victory or i'll cry for six weeks. [laughter] it wasn't victory or i'm not going to watch fox news for a month. [laughter] it wa
say this to the current congress, the current people in washington, the current news media, we're not spain, we're not greece, we're not totally messed up like europe. this is a country where if we could just get government to quit screwing up, we would do fine over the next 20 years. [applause] but imagine the consultant report if they came out and said, you know, general washington, we've evaluated the situation, and you have one axe and 14,000 people. we think this is bad. [laughter] we...
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. >> new year's in spain, it also has an interesting tradition. it involves grapes only because the grapes sitting right here. tell me about this. >> yes, all people in spain on the strike of midnight do the following, a great spanish tradition. what they do is, they will start with one grape on the stroke of midnight and for every single minute, every second until the next minute have another grape. i thought we should try it and see how it goes. usually people in spain don't necessarily eat all the grapes, but we can try and, again, it's called the old knight and in the squares of madrid, they'll have the huge clocks chiming and the people in the square all together will do it collectively. so, as we hear the first chime, let's try it. >> do we have chimes? >> we have chimes. >> i'm going to choke if i eat more than one. worse yet, you can't kiss. how do they kiss? you can't answer because you're eating these grapes. you do this well, i think you went to spain at least once for new year's eve. >> she did much better than me. >> i dropped one. >>
. >> new year's in spain, it also has an interesting tradition. it involves grapes only because the grapes sitting right here. tell me about this. >> yes, all people in spain on the strike of midnight do the following, a great spanish tradition. what they do is, they will start with one grape on the stroke of midnight and for every single minute, every second until the next minute have another grape. i thought we should try it and see how it goes. usually people in spain don't...
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in portugal, spain, italy, there is deepening political dysfunction in the european union. thases one place to look -- that's one place to look. it will encourage russia to make moves of its own. you mentioned south africa. south africa is not going in a good direction. it was supposed to be the most optimistic spot on the african continent. i don't see many bright spots. maybe new zealand, but even the new zealand economy is heading south. >>> still ahead, counting down to obamacare. big changes could be coming in 2013 for you and your family thanks to the y president's health care overhaul. we'll tell you what to expect when we come back. >>> well, get ready, america, for the arrival of obamacare. key provisions of the mammoth health care overhaulro kick in. the editorial board member is here to tell you what to expect. or as we call the bill, joe, the lifetime employment act. so what can we expect this year? >> well, look, the bill ramps up starting in october 2013. so you are going to have three big changes. it is pouring out of the obama administration and regulations
in portugal, spain, italy, there is deepening political dysfunction in the european union. thases one place to look -- that's one place to look. it will encourage russia to make moves of its own. you mentioned south africa. south africa is not going in a good direction. it was supposed to be the most optimistic spot on the african continent. i don't see many bright spots. maybe new zealand, but even the new zealand economy is heading south. >>> still ahead, counting down to obamacare....
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and it is a day marking the innocence, spain's equivalence of april fool's. it is this fox trip around the world in 80 seconds. >>> a french constitutional panel is saying goodbye to that country's staggering 75% tax rate on the wealthy. the panel has ruled the tax is unconstitutional and unfair. let me say it again. 75% on the wealthy. it was set to kick in at the start of 2013 and will hit anyone hitting a million euros. critics didn't like it. they said it would drive away france's wealthy population. joining me now on the phone from paris is katherine fields. she is a correspondent for global radio news. katherine, why was this tax overturned? >> it was overturned because the court said it failed to rec recognize equality before public burden. what this means is it has been applied to individuals rather than households. the court knows this top rate would have applied to a married couple, for example, if one member was in that upper income bracket. well, if it turned just under, then the 75% rate would not apply. in essence, this was thrown out on a techn
and it is a day marking the innocence, spain's equivalence of april fool's. it is this fox trip around the world in 80 seconds. >>> a french constitutional panel is saying goodbye to that country's staggering 75% tax rate on the wealthy. the panel has ruled the tax is unconstitutional and unfair. let me say it again. 75% on the wealthy. it was set to kick in at the start of 2013 and will hit anyone hitting a million euros. critics didn't like it. they said it would drive away france's...
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and it is a day marking the innocence, spain's equivalence of april fool's. it is this fox trip around the world in 80 seconds. >>> a french constitutional panel is saying goodbye to that country's staggering 75% tax rate on the wealthy. the panel has ruled the tax is unconstitutional and unfair. let me say it again. 75% on the wealthy. it was set to kick in at the start of 2013 and will hit anyone hitting a million euros. critics didn't like it. they said it would drive away france's wealthy population. joining me now on the phone from paris is katherine fields. she is a correspondent for global radio news. katherine, why was this tax overturned? >> it was overturned because the court said it failed to rec recognize equality before public burden. what this means is it has been applied to individuals rather than households. the court knows this top rate would have applied to a married couple, for example, if one member was in that upper income bracket. well, if it turned just under, then the 75% rate would not apply. in essence, this was thrown out on a techn
and it is a day marking the innocence, spain's equivalence of april fool's. it is this fox trip around the world in 80 seconds. >>> a french constitutional panel is saying goodbye to that country's staggering 75% tax rate on the wealthy. the panel has ruled the tax is unconstitutional and unfair. let me say it again. 75% on the wealthy. it was set to kick in at the start of 2013 and will hit anyone hitting a million euros. critics didn't like it. they said it would drive away france's...
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the crisis in europe is going to get dramatically worse in portugal, spain, italy. there is dysfunction in the european union. that's one place to look. that's going to encourage russia to make moves of its own, you mentioned south africa. south africa is not going in a good direction, it's supposed to be the most optimistic spot on the african continent. so i don't see many bright spots, maybe new zealand, but some say that even new seeland-- >> still ahead, counting to obamacare. big changes could be coming in 2013 for you and your family. thanks to the president's health care overhaul. we'll tell you what to expect when we come back. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! >> well, get ready, america, for the arrival of obamacare, some key provisions of the president's mammoth overhaul kick in come january and joe is here to tell you what to expect. or as
the crisis in europe is going to get dramatically worse in portugal, spain, italy. there is dysfunction in the european union. that's one place to look. that's going to encourage russia to make moves of its own, you mentioned south africa. south africa is not going in a good direction, it's supposed to be the most optimistic spot on the african continent. so i don't see many bright spots, maybe new zealand, but some say that even new seeland-- >> still ahead, counting to obamacare. big...
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it is the seventh largest corporation in all of spain. it is the largest corporation in the northern part of spain their runs from barcelona in the east to san salvador in the west. is an extraordinarily successful collection of 300 co-ops, some as small as a dozen people, some numbering employees in the thousands. the largest single enterprise is the largest supermarket chain in the northern half of starain. with tholhu00 employees, those supermarkets are run as cooperative enterprise. all decisions are made to get the. they are highly modernizee of highly technologically efficient and they have a n. wber of interestinge arules but before mention those, everyone of the courses is ref1 o lired to compete with capitalist enterprises and whatever they do and they do everything from rap that farming to the production to high-tech equipment of all kinds. they have their own bank, their own pension system, and talianagement. when you arrive there, big modern glass and steel bpetldings, you thihate you're walking into an american corporation he
it is the seventh largest corporation in all of spain. it is the largest corporation in the northern part of spain their runs from barcelona in the east to san salvador in the west. is an extraordinarily successful collection of 300 co-ops, some as small as a dozen people, some numbering employees in the thousands. the largest single enterprise is the largest supermarket chain in the northern half of starain. with tholhu00 employees, those supermarkets are run as cooperative enterprise. all...
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. >>> check out this food fight in spain. the traditional battle with flour, eggs and fireworks is a yearly event in the town. people dress in silly, military style costumes, and then take overpower in the town until sunset. the celebration marks the day of the innocence which is described as their april fool's day. whatever makes you happy. >>> one of the best rivalries in college sports will take place in stanford. the women's team will tip off against the huskies. both go in undefeated. the women have an 82 straight win streak there. >> stanford is going to have plenty of report on new year's day. 38, 9oo fans bought tickets while only 16, 5hundred went to wisconsin fans. its been 13 years since stanford appears at the bowl. yesterday stanford practiced at the home depot center. >>> preparations are underway for the 124th rose parade. volunteers busy putting on the final touches on all the floats, this year's theme, the places you will go. inspired by dr. suess. dogs will be a big part of the parade. people won't be able t
. >>> check out this food fight in spain. the traditional battle with flour, eggs and fireworks is a yearly event in the town. people dress in silly, military style costumes, and then take overpower in the town until sunset. the celebration marks the day of the innocence which is described as their april fool's day. whatever makes you happy. >>> one of the best rivalries in college sports will take place in stanford. the women's team will tip off against the huskies. both go...
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i mean, countries like spain, italy -- >> the austerity policy. when you look at the country -- >> countries like spain and italy -- >> i'm talking about the labor market adjustments. >> they have seen 20%. that's a problem. >> i'm sorry. i didn't hear -- what did you say? >> spain, italy, unemployment around 15, 20%. >> of course they do. >> juliet, hang on, because it is connected to the german point. part of the reason that germany has been able to have export-led growth and be so successful internally, germany is the china of europe. >> i realize that. i made that point about 20 minutes ago. you add shock at the beginning. i'm not talking about the later stage of austerity and self-imposed pain, which is what europe is dealing with right now. but if you look at the ocb adjustment to the downturn and the u.s. has a huge g and p adjustment and loss of unemployment where a lot of these other european countries adjust on hours and their unemployment doesn't go up. that's the only point i was making. >> adjust on hours meaning you get something mor
i mean, countries like spain, italy -- >> the austerity policy. when you look at the country -- >> countries like spain and italy -- >> i'm talking about the labor market adjustments. >> they have seen 20%. that's a problem. >> i'm sorry. i didn't hear -- what did you say? >> spain, italy, unemployment around 15, 20%. >> of course they do. >> juliet, hang on, because it is connected to the german point. part of the reason that germany has been...
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Dec 29, 2012
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a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan dreyer has a check of the national forecast. good morning. >> good morning to you guys. yeah, talking about snow in the northeast. rain in the southeast. and right smack dab in the middle of the country, >>> snow will continue coming east. expect your snow chance prior to noon today. after that, it's rain. all the precipitation ending about 3:00 today. take a look because some folks are saying, where's the snow? it's west of us now between now and 9:00. that line will come to the east. we will be getting some snowfall in here, but only for about three or four hours. amounts pretty light. an inch, maybe just over that in montgomery county.
a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan...
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Dec 29, 2012
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a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan dreyer has a check of the national forecast. good morning. >> good morning to you guys. yeah, talking about snow in the northeast. rain in the southeast. and right smack dab in the middle of the country, it looks nice and sunny. it will be cold. temperatures only in the 20s and 30s. we are looking again at most areas in the northeast around one to three inches. we're not talking about a lot of flag or a lot of wind -- flooding or a lot of wind. southeastern massachusetts will be a jackpot area where we could end up with about six to nine inches of snow. the southeast will see the rain mostly through this morning. it will be heavy at times
a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan...
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look at osgood's bowtie, man." [ laughter ] ♪ thank you, the woman in spain who tried to smuggle cocaine in her breast implants, for making charlie sheen's christmas wish come true. [ laughter ] there you guys go. those are our "thank you notes." ♪ [ applause ] >> jimmy: hey, guys, there are exactly six shows left before we go on christmas break. it's time for that beloved "late night" tradition, "12 days of christmas sweaters." here we go. ♪ 12 days of christmas sweaters six days left ♪ >> jimmy: thank you, that's right. every show between now and christmas, we are giving one lucky audience member a beautiful christmas sweater from the countdown to christmas cabinet. that's right. one of you will be going home with a great sweater. since there are six shows left, let's open door number six. [ drum roll ] oh, that is -- ♪ [ cheers and applause ] yeah. that's the bonus. i didn't see that coming. i didn't see those sleeves coming. all right. now, let's see who's going home with tonight's sweater. everyone, look at your seat number. if i call your number, i need you to jump up and l
look at osgood's bowtie, man." [ laughter ] ♪ thank you, the woman in spain who tried to smuggle cocaine in her breast implants, for making charlie sheen's christmas wish come true. [ laughter ] there you guys go. those are our "thank you notes." ♪ [ applause ] >> jimmy: hey, guys, there are exactly six shows left before we go on christmas break. it's time for that beloved "late night" tradition, "12 days of christmas sweaters." here we go. ♪ 12...
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well top of the list of destinations is france it's nearby and it's warmer weather and same goes for spain which is the other place where they're all thinking of flocking to followed by the usa now we didn't manage to track down any millionaires but we hit the streets of london to talk to the ordinary londoners to ask whether they were considering upping sticks and leaving as well and it looks like most of them agree with the millionaires so let's take a listen to what they told us. second the dark vision. if. you just. consider leaving the u.k. . what reason. climate would you consider leaving the u.k. and leaving somewhere else i'm going to do really what are the reasons my wife. my children but also the expense here looks like the middle class professionals are the ones who are actually packing their bags and leaving a recent report by the home office said that more and more middle class with professionals are actually packing their bags and opting to continue their careers elsewhere and for them the main reason is the high rate of personal taxation so it's the millionaires are the ones
well top of the list of destinations is france it's nearby and it's warmer weather and same goes for spain which is the other place where they're all thinking of flocking to followed by the usa now we didn't manage to track down any millionaires but we hit the streets of london to talk to the ordinary londoners to ask whether they were considering upping sticks and leaving as well and it looks like most of them agree with the millionaires so let's take a listen to what they told us. second the...
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interest rates are reasonable in spain, italy, and great britain. ashley: corporate earnings, signs of weakness in the last earnings season. concernedded about that? >> i think that it's cyclical. i think there's been little signs. i think we have to get employment together in the united states. housing is starting to come back. we're -- slowly, but in the north east in particular, there's more demand, and there's less housing inventory, but in the rest of the country, we have to wait and see on that. employment is really, really the key thing, and so what comes out of all the negotiations and how we employee people, infrastructure, and all of that makes a difference. ashley: companies hunkering down, a lot of cash, but not doing in until washington gets the act together. >> means technology, for example, could be a big sector. if companies get signals from washington and go out and invest into hiring people, putting technology online, it could be great, but we're just waiting and waiting and waiting, which is why it's a cliff hanger. ashley: cliff
interest rates are reasonable in spain, italy, and great britain. ashley: corporate earnings, signs of weakness in the last earnings season. concernedded about that? >> i think that it's cyclical. i think there's been little signs. i think we have to get employment together in the united states. housing is starting to come back. we're -- slowly, but in the north east in particular, there's more demand, and there's less housing inventory, but in the rest of the country, we have to wait and...
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we're in the same realm as spain. we're not -- we do not have good optics here. i think it's going to get worse before it gets better. >> craig, you know, i understand that we need a real good kick in the pants, in the fiscal pants if you like, right, to get this house in order. at the same time, if we go over that cliff, this is real money to real people. this is money being taken out of people's paychecks. this is some people losing their unemployment benefits. all kinds of things could happen. how bad could it be? >> well, it certainly could be bad. just as an example of that, if you look at the payroll tax cut alo alone, that doesn't seem to be on the board. that could be an increase in the gasoline tax of $1.25 a gallon. there will be effects, but that has to happen at some point. we've been living on sugar high for too long now. at some point we have to get back to fiscal discipline. there's going to be some pain involved. >> craig, politicians don't get re-elected by not giving out candy. they get elected by giving out candy. >> i agree. i think that's why
we're in the same realm as spain. we're not -- we do not have good optics here. i think it's going to get worse before it gets better. >> craig, you know, i understand that we need a real good kick in the pants, in the fiscal pants if you like, right, to get this house in order. at the same time, if we go over that cliff, this is real money to real people. this is money being taken out of people's paychecks. this is some people losing their unemployment benefits. all kinds of things could...
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we have to do is look over the pond and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we cannot repay them, massive interest-rate increases, you and i have talked about this before. but shame on us for not realizing that we stay on this path, we are in real financial trouble. gregg: stephen moore, economics writer for "the wall street journal." on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there are 700,000 russian children who need a home. only 18,000 russian families who signed up to adopt. this new law was named after a russian baby that died in the custody of his american adoptive parent
we have to do is look over the pond and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we cannot repay them, massive interest-rate increases, you and i have talked about this before. but shame on us for not realizing that we stay on this path, we are in real financial trouble. gregg: stephen moore, economics writer for "the wall street journal." on her way to the fiscal cliff. thank you very much. heather: russian president...
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. >> spain, natalie, you know about this one. we're going to show it. >> we're going to demo. it sounds easy to eat 12 grapes. it is not easy. >> do we have the chimes? >> we're going to do it. so 30 seconds on the clock, please. >> this should go well. >> are we going to hear this? [ chiming ] >> you can't even get them in your mouth. oh, my -- good work. >> thank you. this is what happens when you've been pounding campaign all night. you can't deliver a grape into your mouth at close range. >> i'm dead sober. how do they do this drunk? >> you littered the floor with grapes. >> i'm sorry. >> they did those chimes too fast. >> those were very fast. >> that was very fun. >> you missed your mouth by half an inch. you couldn't make the transaction. amazing. >> how was your grape eating? >> you have to make one. yes! it's in there. >> i started laughing looking at everybody. >> it's fun. >> this is my new tradition. new underwear and grape eating. >> not for kids. >> exactly. >> now i have a little game for you guys. this is going to make you feel really smart as you enter the new
. >> spain, natalie, you know about this one. we're going to show it. >> we're going to demo. it sounds easy to eat 12 grapes. it is not easy. >> do we have the chimes? >> we're going to do it. so 30 seconds on the clock, please. >> this should go well. >> are we going to hear this? [ chiming ] >> you can't even get them in your mouth. oh, my -- good work. >> thank you. this is what happens when you've been pounding campaign all night. you can't...
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in that taking some of those -- in many senses you could call it profit taking -- not in the case of spain where you see a major underperformance. >> let me say the german finance minister suggested he thought the worst of the eurozone crisis is now past. he said the government in athens knows it cannot financially over burden the rest of the eurozone countries and is acting as it should. he was optimistic on france as well despite the fact the data is indicating we'll still get a contraction in the third quarter, for most of the eurozone. germany's economic position is arguably deteriorating but still schauble there is relatively optimistic that the crisis is over. in the meantime what is also happening is this money is beginning to flow into, from the public safety net to support the banks so you have the recapitalization of the banks but that isn't of course good news for everybody in the case of the ipo from last year you have 53,000 small shareholders there effectively having their positions in the debt smashed against the whole. they've been selling out again today to try and retriev
in that taking some of those -- in many senses you could call it profit taking -- not in the case of spain where you see a major underperformance. >> let me say the german finance minister suggested he thought the worst of the eurozone crisis is now past. he said the government in athens knows it cannot financially over burden the rest of the eurozone countries and is acting as it should. he was optimistic on france as well despite the fact the data is indicating we'll still get a...
SFGTV2: San Francisco Government Television
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Dec 28, 2012
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he arrived in august, 1769, and took formal possession of louisiana for spain. think of new orleans and cuba, in particular havana, governors there were also in cuba so there was all this traveling from one city to another because later when i got my ph.d. from tulaine university and i went to the irish channel. it's interesting, the irish history connected with new orleans. so the o'reilly family has been in louisiana for centuries. in cuba, nobody remembers him but it was the street of calle oreilly, famous until the 50's for its banks and bookstores. it was one of the favorite streets of (inaudible) secretary of the spanish count of fernandino, my grandfather, another irish man feeling at home in havana. there, at the busy corner of calle street and oreilly was a cafe bakery owned by a catelan. it was described by many foreigners, in particular british and irish who lived in havana at the time, as one of the best order and most elegant cafes in the world. its large door led to a main floor with a fantastic stone floor. i saw it in the 50's, i was very little
he arrived in august, 1769, and took formal possession of louisiana for spain. think of new orleans and cuba, in particular havana, governors there were also in cuba so there was all this traveling from one city to another because later when i got my ph.d. from tulaine university and i went to the irish channel. it's interesting, the irish history connected with new orleans. so the o'reilly family has been in louisiana for centuries. in cuba, nobody remembers him but it was the street of calle...
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speaking of champagnes and other sparkling wines, this is from spain. sparkling wines, different places in the u.s. and in the country around the country, i have different sparkling wines. i have chandon, proseco from italy. >> juliet: with a little straw there. >> fun minis. >> juliet: for people who have no desire to make their own drinks. thank you very much. we'll get all this information out on our web site. >> cocktailguru.com. >> juliet: thank you so much. we're going to take a quick break. we'll be back in two minutes. stay with us [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. . . with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% ca
speaking of champagnes and other sparkling wines, this is from spain. sparkling wines, different places in the u.s. and in the country around the country, i have different sparkling wines. i have chandon, proseco from italy. >> juliet: with a little straw there. >> fun minis. >> juliet: for people who have no desire to make their own drinks. thank you very much. we'll get all this information out on our web site. >> cocktailguru.com. >> juliet: thank you so much....
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. >> what's your view on spain? the country managed to avoid bailout so far, but will not meet its deficit target for the full year. do you think spain should be given more time? >> well, first of all, i think that, again, spain is going in the right direction. when you look at the current account, the deficit, you see that it had been diminished massively since the peak that they had in 2008, 2009. and, you know, as a very short summing up, it's been divided by more than five, though it's very, very encouraging. on the other hand, you have unit labor costs which have been diminishing quite a lot and the exports of spain are very dynamic today. so it also demonstrates that hard work is being done. it's difficult. it's tough, but going in the right direction. i trust that the global observers are observing progressively and the adjustment is proceed. in spain and in all the countries that are under adjustment. >> now, lonmin's ceo ian farmer is stepping down while being treated for a serious illness after being first
. >> what's your view on spain? the country managed to avoid bailout so far, but will not meet its deficit target for the full year. do you think spain should be given more time? >> well, first of all, i think that, again, spain is going in the right direction. when you look at the current account, the deficit, you see that it had been diminished massively since the peak that they had in 2008, 2009. and, you know, as a very short summing up, it's been divided by more than five,...
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WBAL
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, just maybe, the worst is finally past, there's some hideous headline out of greece or portugal or spain or italy that the comes back with a vengeance and the s&p gets bashed down by a torrent of selling. that's why it's so important to prepare yourself and your stocks for the next catastrophe around the corner. expected or unexpected, so that you can make money in any market, or at least lose less and not just when things are going smoothly. you have to build this stuff into what i call your world view. you have to assume that somewhere, sometime, something will go wrong. i'm not saying you should be a super skeptic perma-bear, not at all. over the course of my 31-plus years in this business i've seen the averages climb way too way, watched the market make people way too much money to ever be that cynical and close-minded. being negative all the time has not historically been a lucrative strategy, and i don't see any reason why that should change now. there are a handful of incredibly smart, professional short sellers, hats off, able to turn pessimism into profits but i don't recommend
, just maybe, the worst is finally past, there's some hideous headline out of greece or portugal or spain or italy that the comes back with a vengeance and the s&p gets bashed down by a torrent of selling. that's why it's so important to prepare yourself and your stocks for the next catastrophe around the corner. expected or unexpected, so that you can make money in any market, or at least lose less and not just when things are going smoothly. you have to build this stuff into what i call...
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Dec 28, 2012
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. >>> the russians don't want anybody in spain but the spanish. is that scary? they're communists, yes, but they want total disarmament now. is that scary? hitler and mussolini are using the spanish earth as testing ground for what they want. another world war. is that scary? you're darn right it is! >> barbra streisand in "the way we were." that's my single favorite movie of all time. >> really? >> i told robert redford about it. he said he'd been resisting your clarion call for a sequel ever since. >> it's such a good story for a sequel. >> he's never made a sequel to anything, he told me. he just doesn't believe -- >> i understand that. but this happens to be a great story. i wanted it to be released on the 25th anniversary, but we never made it. >> what would have happened? >> it just was a very interesting story about through their daughter and her political activism at berkeley in 1968 and the democratic national convention, which is very interesting. it was a beautiful love story again. >> now, i know that you're into your politics big time because we spe
. >>> the russians don't want anybody in spain but the spanish. is that scary? they're communists, yes, but they want total disarmament now. is that scary? hitler and mussolini are using the spanish earth as testing ground for what they want. another world war. is that scary? you're darn right it is! >> barbra streisand in "the way we were." that's my single favorite movie of all time. >> really? >> i told robert redford about it. he said he'd been resisting...